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Reuters exclusively revealed property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for a long-awaited debt-restructuring proposal. Evergrande, engulfed by $300 billion in liabilities, aims to start negotiating restructuring terms next month and is combing through onshore assets to offer as additional credit enhancement to holders of […]

Reuters shed light on how China is sticking with a strict COVID-19 containment strategy nearly three years into the pandemic, potentially disappointing investors hoping for a quick reopening, although authorities are making ongoing if modest tweaks to managing the virus. Numerous analysts and experts say China is unlikely to begin significant easing of its outlier […]

Reuters exclusively reported that the government of Trinidad and Tobago is asking the U.S. to authorize Venezuelan gas imports to restart an idled liquefaction train in the Caribbean nation. Trinidad’s past requests for U.S. approval have gone unanswered, but the Biden administration’s willingness to ease some sanctions on Venezuela if President Nicolas Maduro and the […]

Reuters exclusively reported the European Commission will propose light-touch rules for Airbnb and other short-term home rental companies. Under the draft rules, short-term home rental companies will have to provide data to national authorities on numbers using their services and how many nights they stay. The European Commission is deploying these rules in a bid […]

Reuters was first to report Shell’s liquefied natural gas trading division recorded a loss of nearly $1 billion in the third quarter of the year after traders were caught out by a sharp rally in European gas prices when Russia halted supplies. The post Reuters reveals Shell’s flagship LNG trading made nearly $1 billion loss […]

Reuters provided insight into how the most historic legacy of President Andres Manuel Lopez Obrador, a left-leaning resource nationalist who casts his administration as a turning point in the annals of Mexico, may pave the way for the country’s first woman leader. Mexico City Mayor Claudia Sheinbaum, a 60-year-old physicist and environmentalist has emerged as […]

Reuters was first to report the United States and European Union plan to unveil a joint agreement at the U.N. climate summit this week to step up efforts to reduce emissions of the potent greenhouse gas methane from the fossil fuel sector and are hoping other nations will sign up. The post Reuters reveals U.S., […]

Reuters exclusively reported Ukraine wants the Black Sea grain export deal expanded to include more ports and goods and hopes a decision to extend the agreement for at least a year will be taken next week. The deal, which eased a global food crisis by unblocking three major Ukrainian ports during Russia’s invasion, expires on […]

Reuters took readers on a deep dive into how wealthy owners, executives and directors are using an overwhelmingly common bankruptcy tactic to escape lawsuits over sexual abuse, deadly products and other alleged harms. Called “nondebtor” releases, these grants of lawsuit immunity are approved by judges in nine out of 10 bankruptcies, Reuters found in an examination […]

Reuters took readers on a deep dive into how airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives — the scrapping of one-day business trips in favour of longer stays. Environmental concerns, rising ticket prices, increased flight cancellations amid staff […]